Bob Dylan Sells Entire Back Catalogue To Sony Music
Sony Music has acquired all of Bob Dylan’s back catalogue and master recordings in a new deal, reportedly worth millions of dollars.
Sony announced on Monday that it had acquired Dylan’s entire back catalogue of recording music, including performances of hit songs Blowing’ In The Wind and Knockin’ On Heaven’s Door, as well as the rights to future releases.
According to Variety, sources estimate that the deal is valued at between $150 million and $200 million.
In a statement speaking about the deal, Dylan said: “Columbia Records and Rob Stringer have been nothing but good to me for many, many years and a whole lot of records. I’m glad that all my recordings can stay where they belong.”
The legendary musician is the latest in a long line of artists to sell their music rights recently.
In December, Bruce Springsteen sold his masters and publishing rights to Sony Music in a combined deal worth $500 million. Read more about this story here.
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